By Phil Boeyen, ShareChat Business News Editor
Wednesday 10th January 2001 |
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Figures from the Land Safety Transport Authority show registrations fell more than 7% over the previous year to 245,901.
Toyota topped the market share for new car registrations in 2000 with 9,116 or 15.8% of the market, Ford came in second with 14.5% and Holden third at 14.1%.
Toyota also held market share leadership for new commercial vehicle registrations with 24%, just ahead of Ford with 23.7%.
The LTSA says the most popular new car registered last year was the Holden Commodore, with 4,941 registrations processed.
December registrations fell 15% compared with December 1999.
Colonial Motors, which last year lifted its full year profit by 20% to $7.853 million, told shareholders at its AGM in November that an increase in trading activity in rural and provincial areas has not been sufficient to offset lower metropolitan results.
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